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Amol Gùpta 6 years, 3 months ago
Amol Gùpta 6 years, 3 months ago
꧁≪Mämƭå ℭℏᑌĎℎàℜÿ? 6 years, 3 months ago
Raman Brar 6 years, 3 months ago
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Yogita Ingle 6 years, 3 months ago
1. Identification of opportunities to get first mover advantage: Understanding of business environment helps an organization in identifying advantageous opportunities and getting their benefits prior to competitors, thus reaping the benefits of being a pioneer.
2. Identification of threats: Correct knowledge of business environment helps an organization to identify those threats which may adversely affect its operations. For example, Bajaj Auto made considerable improvements in its two wheelers when Honda & other companies entered the auto industry.
3. Tapping useful resources: Business environment makes available various resources such as capital, labour, machines, raw material etc. toa business firm. In order to know the availability of resources and making them available on time at economical price, knowledge of business environment is necessary.
4. Coping with Rapid changes: Continuous study/scanning of business environment helps in knowing the changes which are taking place and thus they can be faced effectively.
5. Assistance in planning and policy formulation: Understanding and analysis of business environment helps an organization in planning &policy formulation. For example, ITC Hotels planned new hotels in India after observing boom in tourism sector.
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Div¥@N$Hi P@M@® 6 years, 3 months ago
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Arif Ansari 6 years, 3 months ago
Plz ask your question clearly.i am not getting your question.
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Yogita Ingle 6 years, 3 months ago
1. Education focuses on creating lifelong independent thinkers whereas training focuses on skills sought after by employers.
2. Training has its roots in the guild system while education’s origins lie in universities.
3. Training uses textbooks and prescriptive methods.
4. In today’s universities highly specialized areas of training are being passed off as education.
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Yogita Ingle 6 years, 3 months ago
Money consists of currency and demand deposits and the high powered money consists of currency and cash reserves with banks.
Money= R + D, where R is the currency with the public and D is the demand deposits.
High Powered Money = R + C, where R is the currency with the public and C is the cash reserves of banks.

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